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Advances to Suppliers
6 Months Ended
Dec. 31, 2024
Advances to Suppliers [Abstract]  
ADVANCES TO SUPPLIERS

Note 6. ADVANCES TO SUPPLIERS

 

The Company’s advances to suppliers – third parties are as follows:

 

    December 31,     June 30,  
    2024     2024  
Freight fees (1)   $ 313,686     $ 300,051  
Less: allowances for credit losses     (300,000 )     (300,000 )
Advances to suppliers-third parties, net   $ 13,686     $ 51  

 

(1) The advanced freight fee is the Company’s prepayment made for various shipping costs for shipments from January 1, 2024 to September 30, 2024. The Company provided an allowance of $300,000 for the year ended June 30, 2022, and there was no change in the fiscal year 2024 and for the three and six months ended December 31, 2024.